Aaron B.
Investing in a Brazilian Favela, a COVID-19 success story
I invest in real estate for fun, but it turns out I am pretty good at it. I have stopped investing in the USA and started investing internationally, but everyone single one of my properties performs. Part luck, part e...
Nick B.
2nd position note - is this a good deal or not?
Hello all,
A couple of days ago I saw a 2nd position note offered for sale with the following parameters:
Property FMV: $178000
Property location: Illinois
1st mortgage balance: $138000
2nd mortga...
Kathleen McDowell
What are the Pros/Cons of installing Elec Car Charger in an STR?
Hi BP Community - I have a STR in Lake Tahoe and feel the demographic of the area indicates guests from surrounding San Fran area would filter properties and search for those with an Elec Charging. 1. Have people foun...
Matthew Paul
Caught a "stray" cat......
I have 1 house thats been rented to a middle age woman , I was doing some clearing of brush and vines and I kept seeing this "stray" cat wandering around the house .(I have a NO pets policy) So the next day I broug...
Tasha Barnes
Out of State Investing - Please share the good, the bad, the ugly
Hello BP Family, I'm in Charlotte and the home prices have sky-rocketed so I'm contemplating purchasing investment prop. in my hometown (Buffalo, NY), Detroit, Michigan or Toledo Ohio. I don't have have a ton of exper...
Benjamin Couch
Should I help my girlfriend pay off her debt?
BTW this is my first post!I am 22 and have been saving up for my first property, I currently have 23k saved in cash and I am saving $2800 a month that I am adding to that total. I want to buy a single family property ...
April C.
My Plan: Please poke holes in it :)
Hi BP, I have been researching, reading and listening to everything I can find in REI for the last few months. I feel that settling on the plan to follow is the biggest hurdle. I am pretty sure I now understand my inv...
Dave Mosher
What is your goal for monthly cash flow after mortgage?
When analyzing a deal, how much cash flow per unit do you aim for? I am specifically thinking not just after expenses, vacancies, amd repairs but also after any mortgage. Does this differ for you if you are analyzing...
Eric Barnett
Incentives to Encourage Tenants to Pay On Time?
I have that typical one property (fourplex) that gives me a monthly headache when it comes time to collect. I'll receive all kinds of stories on why they don't have the full rent, can I pay you rest in two weeks, etc...
James Sloan
Contractor wants a 50% Deposit
Should I be worried if a contractor wants a 50% deposit (initial payment) on a 15 K interior paneling project? The material cost for this project is very linear over time. The first 100 square feet of paneling costs t...